Chicago, Sept. 18 – GS Finance Corp. priced $310,000 of 0% autocallable index-linked notes due Sept. 3, 2027 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will be called at par plus an 7.5% call premium if the index closes at or above initial level on Aug. 31, 2023.
If the notes are not called and the index finishes at or above its initial level, the payout at maturity will be par plus the return of the index.
Otherwise, the payout will be par.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Autocallable index-linked notes
|
Underlying index: | S&P 500 index
|
Amount: | $310,000
|
Maturity: | Sept. 3, 2027
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus return of index if return is positive; otherwise, par
|
Call: | At par plus 7.5% call premium if index closes at or above initial level on Aug. 31, 2023
|
Initial level: | 3,955.
|
Pricing date: | Aug. 31, 2022
|
Settlement date: | Sept. 6, 2022
|
Agent: | Goldman Sachs & Co. LLC
|
Fees: | 1%
|
Cusip: | 40057MSP5
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.